Business
Increase of Share Capital in Connection with Realization of the Option Programme and Subscription Results
The Supervisory Board of AS Harju Elekter Group decided to increase the share capital of the company by 34,020 euros by issuing new ordinary shares. The increase in the share capital is due to the need to issue new shares to the management board members and key personnel of Harju Elekter and its subsidiaries participating in the option program approved with the resolution of the general meeting on 29 April 2021. A total of 5 members of the Management Board of Harju Elekter Group participated in
About this update from Harju Elekter Group As
[{"type":"image","alt":"AS Harju Elekter Group.","displaySize":"","headline":null,"caption":"AS Harju Elekter Group.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":84,"url":"https://media.zenfs.com/en/globenewswire.com/a74c60bfd469842e198d31924a52dace"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aH6DBySxXPTz.lUfZ7eHuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a74c60bfd469842e198d31924a52dace","width":300,"height":84}},"lazy":false},{"type":"text","content":"The Supervisory Board of AS Harju Elekter Group decided to increase the share capital of the company by 34,020 euros by issuing new ordinary shares. The increase in the share capital is due to the need to issue new shares to the management board members and key personnel of Harju Elekter and its subsidiaries participating in the option program approved with the resolution of the general meeting on 29 April 2021.","length":415,"tagName":"p"},{"type":"text","content":"A total of 5 members of the Management Board of Harju Elekter Group participated in the share issue related to the implementation of the option program, who subscribed for a total of 54,000 shares for a total of 243,00 euros. ","length":226,"tagName":"p"},{"type":"text","content":"Decisions of the Supervisory Board of AS Harju Elekter Group:","length":61,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Harju Elekter's share capital will be increased by a maximum of 34,020 euros, i.e., from 11,671,235.10 euros to 11,705,255.10 euros.","length":136,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The share capital will be increased by way of issuing 54,000 new ordinary shares (ISIN: EE3100004250) with a book value of 0.63 euros per share. The shares will be issued with a share premium. The issue price is 4.50 euros per share, with a book value of the share amounting to 0.63 euros and the share premium to 3.87 euros.","length":325,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The increase in the share capital and payment for the new shares will be carried out fully by way of monetary contribution. The payment deadline for the newly subscribed shares is January 9, 2026. After the increase of the share capital, Harju Elekter has a total of 18,579,770 ordinary shares without nominal valu...